inequality

Comment on Brett, International Inequality and the Global Crisis. [Part 1]

Guenther Schoenleitner Director, International Financial Institutions Division, Federal Ministry of Finance, Austria (Guenther Schoenleitner writes here in an independent capacity and his comments do not necessary reflect the views and opinions of his employer). This post is a response to Professor Teddy Brett’s October Blog post entitled ‘International Inequality and the Global Crisis – Managing Markets for Sustainable Growth‘ Many thanks for […]

International Inequality and the Global Crisis – Managing Markets for Sustainable Growth

E.A. Brett Professor in the Department of International Development, LSE While in our view the concept of a self-regulating market was utopian, and its progress was stopped by the realistic self-protection of society, in their [liberal] view all protectionism was a mistake due to impatience, greed or shortsightedness, but for which, the market would have resolved its difficulties. The question […]